UPDATED on Dec. 16, 2018. What are the advantages of using Independent Medicare Supplement Insurance Agents? The prime purpose of Medicare Supplement (Medigap) is to fill the gaps in Parts A and B of Original Medicare, i.e., protect against Original … Read More
Medicare Supplement Plans (Medigap Plans)
Medicare Supplement E-Apps
Until recently, the only way for an agent to enroll a non-local client in a Medicare Supplement (Medigap) plan was by using regular mail. The paper application was sent, the client completed and signed it, and the completed application with … Read More
Medicare Supplement Household Discount
You may be entitled to the Medicare Supplement household discount if the state where you live allows the discount and the Medicare Supplement vendor whose policy you are using offers the discount. Most states do allow the Medicare Supplement household … Read More
Are Medicare Supplement company ratings important?
For most types of insurances, the company name and rating are essential. The Medicare Supplement, also known as Medigap, is an exception from this rule. For Medicare Supplement company ratings are NOT really important. The reason is the standardization of … Read More
Why are Medigap plans popular?
Most people who have Medicare also have some form of supplemental insurance. Only 12 percent of people do not have any supplemental coverage. Medigap plans, also known as Medicare Supplement Plans, is one of the major sources of supplemental insurance … Read More
What is Guaranteed Issue For Medicare Supplement?
Guaranteed Issue Rights are the rights you have in certain situations when insurance company MUST offer you certain Medicare Supplement (Medigap) policies, and you are NOT a subject to medical underwriting used to decide whether to accept your application, to … Read More
Does Medicare Supplement cover Foreign Travel?
UPDATED on Dec. 16, 2018. Does Medicare Supplement cover Foreign Travel? Original Medicare does not provide coverage for hospital or medical costs outside the United States. Some Medicare Advantage plans may offer coverage benefits for health care needs when you … Read More
Medicare Supplement Statistics – December 2012
In this post we’ll present the latest Medicare Supplement Statistics. Medicare Supplement Plans (Medigap Plans) are sold by private insurance companies licensed in your state. The prime purpose of the Medicare Supplement is to protect seniors from high out-of-pocket expenses … Read More
Obamacare and its impact on Medicare Supplement
Obamacare which goes into effect January 1, 2014, should not affect the Medicare Supplement market. However, there were two possible concerns: elimination of the “first dollar” coverage, and Medigap surcharges. But it looks, as of now, that everything will stay the … Read More
Will a Medicare Supplement (Medigap) Policy Cover Pre-Existing Conditions?
A pre-existing condition is defined as a condition or illness you were diagnosed with, or treated for, before the effective date of a new health insurance policy. You should know that the Medicare Supplement (Medigap) can refuse to cover your pre-existing … Read More